ATTENTION BUILDERS &' INVESTORS!! PRIME 10 UNIT DP APPROVED MULTI-FAMILY DEVELOPMENT OPPORTUNITY | This development qualifies for CMHC’s MLI Select program, making it eligible for up to 50-year amortization and as little as 5% down—an attractive financing option for maximizing ROI. Exceptional opportunity for investors and developers—this DP-approved multi-family site in the heart of Bowness is ready to build and primed for success. The project features five thoughtfully designed townhomes, each with a legal basement suite, offering a total of 10 income-generating units. Located on a rare 8,300+ square foot M-C1 reverse pie lot with 90 feet of frontage, this property combines size, zoning, and location to deliver outstanding potential. Unit sizes range from approximately 1,500 to 1,650 square feet spread over three storeys, each offering rooftop patios and unobstructed south-facing views of Canada Olympic Park. The inclusion of basement suites adds rental flexibility and significantly boosts revenue potential. Located close to public transit, shopping, Bowness Park, the River Pathway system, and the new Farmers Market West, this site offers not only convenience but a vibrant community lifestyle. Site plan and DP drawings are available upon request. An ideal opportunity to break ground this spring and capitalize on Calgary’s growing multi-family market.
Property Details
Price:
$850,000
MLS #:
A2242837
Status:
Active
Beds:
2
Baths:
2
Address:
8308 Bowness Road NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Bowness
City:
Calgary
Listed Date:
Jul 25, 2025
Province:
AB
Finished Sq Ft:
967
Postal Code:
306
Lot Size:
8,299 sqft / 0.19 acres (approx)
Year Built:
1957
See this Listing
Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.
More About RobMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Electric Oven, Refrigerator
Basement
Full, Partially Finished
Bathrooms Full
2
Laundry Features
In Basement
Exterior
Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, Irregular Lot, Reverse Pie Shaped Lot
Parking Features
Off Street
Parking Total
3
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Community
- Address8308 Bowness Road NW Calgary AB
- SubdivisionBowness
- CityCalgary
- CountyCalgary
- Zip CodeT3B 0H6
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8308 Bowness Road NW
Calgary, AB
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